Owning a company comes with risks, which are higher for some types of businesses than others. If you find out that your company is facing a lawsuit, you must ensure that you are prepared to handle it. Defending your business starts as soon as you know that there might...
Month: July 2020
How estate planning can reduce the negative impact of inheritance
The idea of being able to pass something on for the next generation is something people around the world strive for. However, for those with substantial assets, an inheritance could produce negative effects for the next generation. Children who grow up surrounded by...
Prepare your high-asset estate plan
Getting your estate plan in order is a big undertaking, especially when you have a higher net worth that encompasses a variety of assets. The higher the value of the estate, the more planning you may have to do. As of 2020, the exemption for having to pay federal...
Your corporate partnership may not be as ideal as you thought
More and more large established companies are discovering the benefits of partnering with small tech startups to achieve particular goals. The established company can access a specific technology to solve a specific problem, without having to invest the time, money...
Estate plan disagreements can last generations
Many people do not appreciate the full importance of estate planning offers. The consequences of having or not having plans in place can affect friends and family for generations. Without an iron-clad estate plan in place, a decedent will leave their loved ones with...
When you want to sell but your partner refuses to consider it
Whether you had a pre-existing relationship or not, you and your business partner probably spent a long time discussing your ideas and hopes for the company that you founded or purchased together. However, over the course of business operations, it is possible for...